ICICI Prudential launches ICICI Prudential Growth Fund

Speaking on the launch of this fund and the thought behind it, Nimesh Shah, MD & CEO, ICICI Prudential Asset Management Company Ltd. said, “The Indian economy is on the cusp of bouncing back from the crunching slowdown of the past few years. Many comprehensive measures have been announced by the new government for getting economic growth back on track. With the economy bound to recover sooner or later, we believe equities make a case for investment as the compounding asset class. At the current market valuations, we recommend investors look at equities with a three to five year horizon”

 

The fund will be managed by Yogesh Bhatt, Fund Manager, ICICI Prudential AMC and. Vinay Sharma, Fund Manager, ICICI Prudential AMC. 

 

Overseas investment will be managed by  Ashwin Jain.